Funding rehab for a property you already purchased

[Allen Mack]

New investigator here! My wife and I recently purchased a 4 Plex earlier this year. The deal was so good we jumped on it and paid cash with the intention of finding a lender later to fund the rehab. We are now running into the issue where most lenders (hard and private) do not lend on rehab alone. They typically tell me that they only do loans where the purchase is included but since we already purchased the property, it’s outside their lending guidelines. Anyone have any advice on how to navigate this?